TECHNICALS FOR NYMEX TRADE FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 266.60 , S2 RS 264.30 , S3 RS 262

R1 RS 270.20 , R2 RS 272.40 , R3 RS 274.60

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 31 2009

DEC 31 THURSDAY

TRADING LEVELS FOR MORNING SESSSION

S1 RS 269.60 , S2 RS 267.40 , S3 RS 265

R1 RS 273.60 , R2 RS 275.40 , R3 RS 278

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 30 WEDNESDAY

Natural Gas prices in continuotion with yesterday selling

came down.Prices trading between 270 - 280 with high

volatality. Prices could test 265 levels a on a close below 270.

Wait for confirmaiton .

UPDATES FOR DEC 30 2009

DEC 30 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S 1 RS 274.30 , S2 RS 272 , S3 RS 270

R1 RS 278.60 , R 2 RS 280.30 , R3 RS 282.30

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR DEC 29 TUESDAY

Natural Gas prices trading or holding at highs between 275 -

280. Either break and close could decide further trends. A

break and close above 281.50 could bring prices till 285 - 288

- 290 levels soon. Prices could have some correction below

275 on closing basis.

TECHNICALS FOR NYMEX TRADE FOR DEC 29 2009

DEC 29 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 276.60 , S2 RS 274 , S3 RS 271/50

R1 RS 279.60 , R2 RS 281.30 , R3 RS 283

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 29

MCX JAN NAT GAS

SUPP; 275.30/273/271.10

RES: 278.60/280.20/282.30

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 270.30 , S2 RS 268 , S3 RS 266.20

R1 RS 274.60 , R2 RS 276 , R3 RS 278.20

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 28 2009

DEC 28 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 266 , S2 RS 262 , S3 RS 258

R1 RS 271 , R2 RS 274 , R3 RS 279

WAIT FOR CONFIRMATION .

MRKT ALERT 9.03 PM

US N.Gas Storage data: Act -166Bcf (Exp -171Bcf Prv -207cf)

TECHNICALS FOR NYMEX TRADE FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 264 , S2 RS 262 , S3 RS 260.20

R1 RS 267.30 , R2 RS 269 , R3 RS 271

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 23 2009

DEC 23 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 264.30 , S2 RS 262 , S3 RS 260

R1 RS 269. R2 RS 271 , R3 RS 273.60

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 22

MCX DEC NAT GAS

SUPP: 262.40/260/257.80

RES: 267.60/269.70/271

WAIT FOR CALLS

CLOSING COMMENTARY FOR DEC 18 FRIDAY

Natural Gas prices trading very thin between 271 - 275 levels.

Prices may bounce back again freshly upto 280 -285 shortly.

Prices overall looks firm and upside target is seen nearly to

290 levels.Sup seen at 270 - 265.

MARKET ALERT ON DEC 18 FRIDAY 6.30 PM IST

MCX Dec Natural gas low risk traders can book part profits

at CMP Rs 277.30 ,Buy was at Rs 275.50 to 276.

MARKET ALERT ON DEC 18 FRIDAY 6.00 PM IST

Buy Natural Gas Dec between 275.50 - 276

SL below 273

T1 279.60

T2 282

TECHNICALS FOR NYMEX TRADE FOR DEC 18 2009

DEC 18 FRIDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 271.30 , S2 RS 269 , S3 RS 266.80

R1 RS 275.30 , R2 RS 277 , R3 RS 279.50

WAIT FOR CONFIRMATION .

MCX DEC NAT GAS UPDATE: INTRDAY POSITIVE ABV 273.80

AND CLD TEST 277.10 WITH SUPPORT AT 271.50 ( LEVELS FOR HOLDERS)

TECHNICALS FOR DEC 18

MCX DEC NAT GAS

SUPP: 271.30/269/266.80

RES: 275.30/277/279.50

PREFER LONGS AT SUPPORTS

MARKET ALERT ON DEC 17 THURSDAY 9.00 PM IST

US N.Gas Storage data: Act -207Bcf (Exp -175Bcf Prv -64Bcf)

Positive to Gas Prices.

TECHNICALS FOR NYMEX TRADE FOR DEC 17 2009

DEC 17 THURSDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 253.30 , S2 RS 251 , S3 RS 249

R1 RS 259.30 , R2 RS 261 , R3 RS 263.40

WAIT FOR CONFIRMATION .

TECHNICALS FOR DECEMBER 17

MCX DEC NAT GAS

SUPP: 254.30/252/249

RES: 259.60/261.20/263.50

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR DEC 15 2009

DEC 15 TUESDAY

TRADING LEVELS FOR EVENING SESSION .

S1 RS 251.60 , S2 RS 249.30 , S3 RS 247

R1 RS 255.60 , R2 RS 257.40 , R3 RS 259

WAIT FOR CONFIRMATION .

TECHNICALS FOR DEC 15

MCX DEC NAT GAS

SUPP: 241.50/239/236.80

RES: 245.40/247.60/250.40

PREFER LONGS AT SUPPORTS

TECHNICALS FOR DECEMBER 14

MCX DEC NAT GAS

SUP[P: 239/236.50/234.60

RES: 243.80/236.30/248.60

PREFRE LONGS AT SUPPORTS

UPDATES FOR DEC 11 2009

DEC 11 FRIDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 243.30 , S2 RS 240 ,. S3 RS 238

R1 RS 248.30 , R2 RS 251 , R3 RS 253

WAIT FOR CONFIRMATION.

MARKET ALERT ON DEC 10 THURSDAY 9.00 PM IST

Update: US N.Gas Storage data: Act -64Bcf

exp -45Bcf Prv 2 Bcf

Positive to Gas Prices.

MKT ALERT AT 6.10 PM

MCX DEC NAT GAS : LOW RIKS TRADERS BOOK

FULL PROFITS AT CMP 227.40( SELL AT 230)

Commodity Alert EIA Natural Gas Storage Forecast -45 Bcf

Previous +2 Bcf Actual to release at 9 pm

MKT ALERT AT 5.15 PM

Sell Natural Gas below 230 SL above 234 T1 225 T2 222

TECHNICALS FOR DEC 10

MCX DDEC NAT GAS
SUPP: 232/229.60/227

RES: 236.40/238.60/240.30

WAIT FOR CALLS

MKT ALERT AT 9.45 PM

MCX DEC NAT GAS: HITS HIGH 241.50 AGAINST OUR T2 OF 242 !!

CLOSING COMMENTARY FOR DEC 8 TUESDAY

Natural Gas prices went up again. Prices could test more

highs till 245 levels. Prices may have some small correction

around these levels till 230 levels. A break and Close above

245 seems more bullish for prices.

Wait and watch.

Sup seen at 230.

MKT ALERT AT 6.40 PM

MCX DEC NAT GAS: T1 ACH AT 238.

MKT ALERT AT 6.20 PM

MCX DEC NAT GAS APPROACHING T1 AT 238 CMP 237.50/

BOOK MAX PROFITS /HOLD FOR T2,

MKT ALERT AT 6.05 PM

MCX DEC NAT GAS: TRADERS HOLDING LONGS

APPROACHING T1 AT 238 CURRENT HIGH 236.80/

LOW RISK TRADERS BOOK FULL PROFITS AT 236.50

TO 237 LEVELS. BUY GIVEN AT 232 TO 233.

MKTALERT AT 5.40 PM

Buy Natural Gas Dec between 232 - 233 SL below 228 T1 238 T2 242

TECHNICALS FOR DEC 8

MCX DEC NAT GAS

SUPP: 230.20/228/225.60

RES: 234.50/237/239.60

PREFER LONGS AT SUPPORTS

CLOSING COMMENTARY FOR DEC 7 MONDAY

Natural Gas prices went up sharply as it sustains above the

very strong res level of 217. Prices trading above the strong

res levels of 225 and a close above 230 could take prices till

240 - 245 levels.

Prices looks positive.

Sup seen at 223 - 220 - 217 .

TECHNICALS FOR DEC 7

MCX DEC NAT GAS
SUPP;211.20/208.60/204

RES: 218.80/221.60/226

PREFER LONGS AT SUPPORTS

Natural Gas prices went up 4% in mcx from the very strong

sup of 205 levels. Prices now trading at strong res of 215.

A break and close above could test prices again till 220 - 225

levels. A reverse of prices can again see prices forming

double bottom around 205.

Wait for confirmation.

TECHNICALS FOR DEC 4

MCX DEC NAT GAS

SUPP: 204/201.60/199

RES: 208.40/210.60/213

PREFER SELLS AT RES

CLOSING COMMENTARY FOR DEC 3 THURSDAY

Natural Gas prices came down and trading bit weak below the

strong level of 215. Prices still in red and positive confirms

only above pirces holding at 215 levels. Prices could test 200

- 195 levels if sustains below 213 - 215.

MARKET ALERT ON DEC 3 THURSDAY 9.00 PM IST


EIA Natural Gas inventories up 2 bcf .

MKT ALERT AT 7.25 PM

MCX DEC NAT GAS: BOOK PART PROFITS AT 207.50 ( SELL AT 209)/

MKT ALERT AT 7.20 PM

Sell Natural Gas Dec below 209 SL above 212 T1 205.50 T2 203

HIGH RISK CALL TRADE LESS VOLUMES.

EXP NAT GAS INVENTORY DOWN 3 BCF, ACTUALS WILL BE RELEASED AT 9 PM.

UPDATES FOR DEC 3 2009

DEC 3 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 208.60 , S2 RS 206 , S3 RS 203.60

R1 RS 212.30 , R2 RS 214 , R3 RS 216.50

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 2 2009

DEC 2 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 233.20 , S2 RS 230.60 , S3 RS 218

R1 RS 227 , R2 RS 229.60 , R3 RS 231.30

WAIT FOR CONFIRMATION .

UPDATES FOR DEC 1 2009

DEC 1 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 224.60 , S2 RS 222 , S3 RS 219

R1 RS 228.30 , R2 RS 230.60 , R3 RS 233

WAIT FOR CONFIRMATION .